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Business Banking

Business Accounts and Services

Checking

Business Checking There are no charges for deposits, withdrawals, per check or per item deposited with this Business Checking Account. Maintain an average daily balance of $2,500. and the $8. monthly service charge is waived.

Business NOW This account, specifically designed for sole proprietors, non-profits and government entities, has the same features as Business Checking, plus it allows you to earn interest on average balances of $1,000. or more. For accounts with an average daily balance of $2,500. or more, the $8. monthly maintenance fee is waived.

Additional Services for Businesses

Business Mastercard

Merchant Credit Card This service allows businesses to process Mastercard, VISA, Discover and American Express transactions. Equipment costs are minimal and there is a competitive discount rate based upon average ticket and sales volume.

Savings

Passbook Savings Account A traditional Savings Account that pays interest while letting you make unlimited deposits and withdrawals. There is no monthly service fee or minimum balance for this account.

Statement Savings Account This account gives you the convenience of monthly statements and pays interest while letting you make unlimited deposits. You may make limited ACH withdrawals and transfers are limited to six per statement cycle. There is no monthly fee and no minimum balance.

Certificates of Deposit These term accounts earn a higher rate of interest and are available in maturities from three months to four years. These accounts provide a guaranteed rate of interest for a specific period of time. There are minimum balance requirements for these accounts.

Money Market

Our Money Market Account combines the benefits of an investment account with limited check-writing ability. Maintain an average daily balance of $2,500 and the $5 monthly service charge is waived.

ATM and Debit Cards

The ATM Card provides convenient 24-hour banking service at ATMs around the world. The Debit Card can be used everywhere that VISA is accepted and is free with a Checking or Savings Account. Some restrictions may apply.

Internet Banking

Enroll at seamensbank.com and you will be able to view activity on all of your deposit and loan accounts, see copies of your checks, download a list of transactions to Microsoft Money,® Quickbooks,® or Quicken,® transfer funds from one account to another (transfer agreement required), pay bills, order checks from Deluxe® and receive e-mails with information that matters to you.